Friday, April 28, 2017

JNJ raises dividend 5% --- New yield is 2.72%





Yesterday JNJ announced that it is increasing it's dividend from $.80 to $.84. This represents a 5% and pushes the yield up to 2.72%. Not as spectacular as previous years, but well above the rate of inflation.

The ex-dividend date is May 25th and the pay date is June 13th.

Since I currently own 54.17 shares, my yearly dividends will increase by $8.67.


2017 Dividend Raises

OHI:  1.64% --- $3.20
KMB:  5.43% --- $8.03
GILD:  10.64% --- $10.49
CSCO:  11.54% --- $13.92
TROW:  5.56% --- $9.09
KO:  5.71% --- $20.96
QCOM:  7.5% --- $7.20
PG:  3.00% --- $2.43
OHI:  1.61% --- $6.46  (2nd Raise)
SO:  3.57% --- $7.41
UL:  12% --- $15.36
XOM:  2.67% --- $11.70
JNJ:  5.0% --- $8.67

Total yearly dividend increase is $124.92

DEFY MEDIOCRITY

2 comments:

  1. MDP,

    "Hell yes." - Old guy from the movie Big Daddy.

    - Gremlin

    ReplyDelete
  2. Nice! I own 5 JNJ shares myself :) thats extra 0.2$/Q dividends :)

    ReplyDelete